CVS Health Lawsuit Moves Forward In Alabama

September 13, 2014 1:02 AM

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BIRMINGHAM, Ala., Sept 12 (Reuters) - The Alabama Supreme Court on Friday allowed a class action lawsuit seeking more than $3 billion to go forward against CVS Health Corp and several insurance companies, affirming the ruling by a lower court which said the plaintiffs could be certified as a class.

The case dates back to a 1999 class action settlement for $56 million over alleged accounting fraud at MedPartners, a physician and pharmacy benefits management corporation.